Nickel settled down -1.36% at 572.70 amid slowing Chinese demand. Trade is expected to wane ahead of Lunar New Year, which will shut China for a week from Monday.
Axiom Mining (ASX:AVQ) is edging closer to a milestone first shipment of nickel ore form the Isabel project in the Solomon Islands during Q1 2016 as a A$10 million financing facility and long-term offtake deal unfold.
Merafe Resources Limited, a South African-based ferrochrome exploration and development company, released its production report and trading statement for the year ended 31 December 2015.
South Africa has remained Zimbabwe’s largest trading partner in the month of December 2015 with goods such as tobacco and minerals topping the export list by the later, statistics released by ZimStat show.
Indonesia smelting and processing industry association (APPI) believes that the current trend of nickel demand increased from China, including processed nickel ore, such as nickel pig iron or nickel-iron.
According to the South Africa data released by the Department in December 2015, South Africa base metal product exports were about US$624.9 million, down by 0.7% month on month.
Steel Tube company has planned to expand production of its Marble Road facilities in
North Carolina.
The extension plan will cover an area of about 40,000 square feet for the factory and the company will add new 50 jobs.
Steel Tube company steel struc...
On January 28, Japan Aluminium Alloy Refiners Association released the result of demand & supply for silicon metal and the production result of secondary aluminium alloy products in December 2015.